Which Company Uses Blockchain?

14-Sep-2022

The once best-kept secret of the Startup industry is now out on the surface, making an impressive entry into numerous industries and being adopted by top leading companies across the globe. Making its headway into the most prominent business and tech titans, Blockchain technology has become the talk of every business.

Its popularity and significance have risen to a great height, so much so that now there is a rise in demand for blockchain experts.

Blockchain has established itself as a viable mainstream technology, despite earlier being considered a strange idea that only young businesses would adopt. Although there are startups that are entirely focused on technology, the majority of publicly traded companies seek to adopt it gradually. They understand that, among other benefits, blockchain can enhance cybersecurity protocols and simplify logistics.

Let us find out the top leader in Blockchain technology and companies that integrate blockchain applications into their operation here in this post.

The Top Leader in Blockchain Technology

We have curated the top leader in blockchain who publicly use blockchain technology and are listed on the NYSE, NASDAQ, or other international marketplaces. These organizations may use the technology in some aspect of their operations or may think about using it to grow their business in the future.

These companies are known to make blockchain technology their top priority as they integrate its application now and in their future plans.

IBM

IBM is majorly supporting firms in integrating the process of blockchain into their operations. The business has collaborated with banks throughout Canada to establish triple-blind data security procedures, retail chains like Kroger to integrate blockchain into their food handling procedures, and Northern Trust to employ DLT in private equity agreements. One of the most well-known businesses to give blockchain priority in its future business model is IBM.

Microsoft

Microsoft Azure is another leading company that is behind the massive adoption of blockchain by businesses across a diverse range of industries. Microsoft developed the first blockchain-based maritime insurance platform in collaboration with the accounting powerhouse EY and the shipping behemoth Maersk. Additionally, the business built DLT to settle disagreements around hotel and flight reservations, and it has even integrated Azure into its own Xbox systems to pay game publishers' royalties effectively.

Overstock

The e-commerce behemoth Overstock, the first significant publicly traded shop to accept cryptocurrency, is now entirely refocusing on the blockchain.

The business established a subsidiary called Medici Ventures in 2014, specializing in blockchain-related investments in several industries, including finance and government. tZERO, a subsidiary of Overstock, has received more than $134 million for its initial coin offering. CEO Mark Byrne is selling the e-commerce portion of his company to concentrate on DLT because the company is so focused on blockchain.

Oracle

Oracle supports businesses in implementing blockchain-based cloud-based solutions. The multinational corporation asserts that its blockchain-based processes can help to enhance communication, hasten project growth, and reduce risk. A startup program for blockchain businesses looking for assistance with business development is now being hosted by Oracle.

Intel Corporation

According to Intel, its Sawtooth blockchain platform fosters trustworthy and effective corporate ecosystems. Its technology provides open-sourced information collecting, data protection from third parties, and a ledger that is virtually impossible to hack. Intel's direction is

increasing its focus on blockchain by playing a key role in the Enterprise Ethereum Alliance, Hyperledger Project, and R3 Consortium.

Ford

Ford has formed a group to focus on blockchain innovation in the automotive industry, together with major manufacturers General Motors, BMW, and Renault. The Mobility Open Blockchain Initiative (MOBI) is investigating how to formalize business practices for utilizing blockchain. Ford hopes that its participation in MOBI will contribute to creating an ecosystem for digital mobility that enables secure data sharing, payment processing, and self-driving car safety.

Those are some of the top leading companies that are using blockchain platforms. It is clear that opportunities for those who are experts in blockchain technology.

Blockchain Career Salary

Given that blockchain technology has several uses across numerous industries, its high demand is mirrored in its high salary. Blockchain experts have well compensated anywhere around the globe, despite the fact that various factors influence the pattern of income.

An overview of blockchain career salaries in various cities throughout the world is provided below:

India - INR 460K annually
US -$96 K annually
UK - 68 K annually
Singapore - annually S $95,865
Canada - CAD $95,000 annually
Germany: $60,000 to $150,000 annually
Switzerland - $180,000 annually
China - between 45 and 60 K

This technology that is behind Bitcoin cryptocurrency is poised to transform the way money, trade, and business function, which will bring change to the whole economy of nations across the world.